Accounts from the Premier League clubs in 2011-12 show that the majority made a loss despite the imminent arrival of Financial Fair Play.

Manchester City spent an astronomical 87% of their turnover keeping players in Bentleys and champagne - neighbours United spent just 51% of theirs on wages - and top the wage league by some margin, if not the Premier League.

There are great success stories, with the lowest spenders on wages Swansea and Norwich successful on the pitch, but thrifty Wolves may have paid the price for a similar approach as they could go down to the third tier this season.

The Crucible Theatre in Sheffield has been dusted down, spruced up and is ready to host the 76th World Snooker Championship. Defending champion Ronnie O'Sullivan (pictured, above) begins the defence of his title on Saturday morning against Scotland's Marcus Campbell. The Rundown decided to take a light-hearted look at what you can expect to hear from pundits, players, punters and anybody else who fancies themselves as an expert during another 17 days of hectic action on the green baize.

Portsmouth, the 2008 FA Cup winners who were still in the Premier League in 2010, have plummeted into League Two, the fourth and lowest division in the English Football League, after relegation on Tuesday.

Portsmouth, who have been in administration for over a year, were relegated after Oldham Athletic beat Yeovil Town 1-0 in their League One game and condemned Pompey and Hartlepool to the drop.

The two managers - Lee Johnson at Oldham and Gary Johnson at Yeovil - were the first father and son to lead opposing teams in a Football League match since March 1971 but that statistic was

The Boston Marathon's finish was a tragic one, but where there is tragedy often acts of heroism and bravery follow.

In the immediate aftermath of the bombs exploding yesterday, stories emerged that helped restore faith in humanity. From runners jogging straight from the finish line to Massachusetts General Hospital to give blood and people helping the injured, there were some touching responses to the atrocities in the US city that saw killed three people with over 100 more injured. We look at some of the images from a day Boston will never forget.

With Sir Chris Hoy to retire from cycling at a media conference on Thursday, we look at the top Olympic stars who have ended their careers since the London 2012 Games.

Hoy is set to hang up his racing bike at a press gathering in his home city of Edinburgh, bringing down the curtain on a glittering career win which he won six gold medals.

He went to last summer's London Games with four winners' medals from Athens in 2004 and Beijing in 2008, and added team sprint and keirin golds to establish his credentials as one of the greatest track cyclists of all time.

With the Champions League semi-final draw made on Friday afternoon, we take a look at the intriguing subplots behind the two huge ties.

Real Madrid take on Borussia Dortmund, while Barcelona face Bayern Munich, but the fact that an all-Spanish or all-German final could await at Wembley on May 25 is not interesting enough to make our list.

1) GUARDIOLA LURKING IN THE BACKGROUND - The Barcelona v Bayern tie will pit Pep Guardiola's past and future clubs against each other. Pep lifted 14 trophies while in charge of the Catalan giants. He takes over at the Bavarian club in the summer.

Though the switch seems unlikely to prevent them from a third relegation in four years which the South Coast side from the Premier League, European football and FA Cup glory to the depths of League Two, those in and around the club are buzzing at the prospect of a fresh start with a more transparent structure.

They are far from the only ones, either: fan ownership is actually quite common in European football.